Disclosures

  1. Smallcase Technologies Private Limited (hereinafter referred to as “the Company”) is a financial technology company based in Bangalore since 2015. The company builds technology platforms & investment products for retail investors to invest better in Indian equities.
  2. A smallcase is a basket of stocks/ETFs curated to track a particular objective or a strategy. With smallcases, you can build a diversified & long-term portfolio.
  3. To enable transactions in smallcases, the company has partnered with multiple brokerage firms listed with Indian exchanges. Each broker partner does a deep integration with the Company, to power transactions in a secured and compliant manner.
  4. smallcases are created by SEBI registered entities like Brokers, Investment Advisors & Research Analysts. The Company provides technology solutions and related back-end infrastructure to SEBI registered intermediaries and other third parties for facilitating transactions in smallcases through a digital platform. Smallcases can also be created by users for personal investments and be shared with a limited set of other users (recipients) as a means of knowledge sharing among users. Such user-created smallcases must not be considered to be investment advice or research reports by users who have not created them, and investments must not be made in such smallcases without consulting a SEBI registered intermediary. Please read detailed disclosures on user created smallcases here on website -
    Disclosures > Fine Print > User Created smallcases
  5. The Company has a fully owned subsidiary company Windmill Capital Private Limited, which is registered with SEBI as a Research Analyst (SEBI Reg no - INH200007645) and is engaged in research activities in the Indian capital markets. The company also runs a content and information platform for stocks known as Tickertape.
  6. Unless otherwise stated, the percentage returns displayed on the website for comparing smallcase performance with any benchmark are Absolute Returns.
  7. The content and data available on smallcase.com, including but not limited to smallcase index value, smallcase return numbers and smallcase rationale are for information and illustration purposes only.
  8. Charts and performance numbers on the platform do not include any backtested data. Please refer to the Returns Calculation Methodology to check how returns are calculated on the platform. Data used for calculation of historical returns and other information is provided by exchange approved third party data vendors and has neither been audited nor validated by the Company. For smallcases where weights are not provided by the creator, Equal weights are used to calculate all returns, numbers and ratios on the platform.

    Smallcase factsheets might include strategy backtest, if provided by the creator of the smallcase. This is included to help users analyze performance of the smallcase across different economic cycles and long time horizons. STPL has not verified the backtest performed by the manager. We make no representations or warranties (expressed or implied) to any recipient on the contents of the backtest. Any information included in the backtest, should never be construed as our representation or endorsement for the same. STPL is not involved in the generation of the backtest and are not responsible for the contents of the same, nor do we verify the accuracy of the same. We do not have control over the backtest performed by the creator/manager of the smallcase and neither do we play a determinative role in any calculation of the same.

    "Back-testing" is the application of a quantitative model to historical market data to generate hypothetical performance during a prior period. Use of back-tested data has inherent limitations including the following:
    1. The results do not reflect the results of actual trading or the effect of material economic and market conditions on the decision-making process, but were achieved by means of retrospective application, which may have been designed with the benefit of hindsight.
    2. Calculation of such back-tested performance data is based on assumptions integral to the model which may or may not be testable and are therefore subject to losses.
    3. Actual performance may differ significantly from back-tested performance. Back-tested results are not adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, do not include the effect of back-tested transaction costs.
    4. Back-tested returns do not represent actual returns and should not be interpreted as an indication of such.
    5. Please note that past performance does not guarantee future returns.
  9. smallcases are not to be construed as a product based on or linked to an index developed by the NSE Indices as the Company is not in the index manufacturing business and ‘smallcases’ is not an independent index. Having said this, the Company is not restricted in comparing the performances of the smallcases with any other index.
  10. smallcases are not licensed to any exchange, trading or settling venue outside India.
  11. Prices shown on the smallcase.com and smallcase app may be delayed. The prices are sourced from an exchanged approved vendor and Smallcase Technology is not responsible for the accuracy and correctness of the prices. Before order placement, users are redirected to the smallcase platform of their broker and see the real time prices as shown by their broker.
  12. All information present on smallcase.com is to help investors in their decision-making process and shall not be considered as a recommendation or solicitation of an investment or investment strategy. Investors are responsible for their investment decisions and are responsible to validate all the information used to make the investment decision. Investor should understand that his/her investment decision is based on personal investment needs and risk tolerance, and performance information available on smallcase.com is one amongst many other things that should be considered while making an investment decision. Past performance does not guarantee future returns and performance of smallcases are subject to market risk. Investments in the securities market are subject to market risks and investors should read all the related documents carefully before investing.
  13. Registered office of Smallcase Technologies Private Limited -
    #51, 3rd Floor, Le Parc Richmonde,
    Richmond Road, Shanthala Nagar, Richmond Town,
    Bangalore – 560025.
    Website – www.smallcase.com
  14. CIN: U74900KA2015PTC081722
  15. Support - Contact us on support@smallcase.com for any queries and assistance
  16. All grievances should be addressed to our grievance officer Mr Vasanth Kamath using help@smallcase.com.